For saleSingle family

$46,000

921 North Hwy

Jackson MN 56143

3 beds, 1.5 baths, 748 sqft

921 North Hwy is a 3 beds, 1.5 baths, 748 sqft single family home for sale at $46,000 in Jackson MN 56143. At 20% down it rents for an estimated $1,000/mo and returns $677/mo a month at a 24.2% cap rate.

The deal math

Modelled at 20% down on a 30-year loan at current market rates, before management, vacancy and maintenance reserves.

Estimated rent
$1,000/mo
Monthly cash flow
$677/mo
Cap rate
24.2%
Cash-on-cash
88.4%
Max offer
$46,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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